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Strategy and Implementation Summary
What is your universal stratagem to make your business a success and how will you go about this?
Abrasives Supply Company Marketing Strategy
What are the tangible ways you are going to employ in order to market your Abrasives Supply Company business to your existing and likely patrons. You can additionally add the expenses involved in doing this and strategies involved in lowering your marketing expenses and how your marketing strategy can seek out your customers better. For example if you are using Pay Per Click as a method to target Abrasives Supply Company patrons you may draw on long tail keyword search phrases to a certain extent than short generic words. This should drive down your Pay Per Click overheads as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.
Abrasives Supply Company Pricing Strategy
What policy did you use to get your selling prices for your products and services? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?
Check out this article on pricing up your products
Promotion Strategy
What promotion strategies are you going to execute to get the word out as regards your services and products to your likely patrons - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?
Business Competitive Edge
Do you have some benefits over your rivalry that you can exploit to your advantage? Are you capable of keeping your expenditure lower than your competition so that you are at all times the cheapest? Do you have a superior position? Are you the original or the only one to supply a product or service? Are you capable of staying ahead of the rivalry and if so what enables you to do this? Do you have a good class, trademarks, patents or a licence?
Web Strategy
Are you just going to have nothing at all or an all singing and dancing website with bells and whistles on? In most case it's going to be something in-between these two, and you ought to contemplate long and hard where your business is going to position itself. You can go and see this website and get more information on the subject of putting your Abrasives Supply Company business online.
Sales Strategy
How are you going to generate sales for your Abrasives Supply Company business in the first place and how are you going to build up or sustain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your prospective clients and know the answers to likely questions they will ask you. How are you going to create an association with your patrons to get prospective sales from them? How are you going to check your sales? Do you want to increase your sales?
Formulating a good business proposal will increase your chances of getting a sale. Use this sample Abrasives Supply Company business proposal to assist you.
Management Summary
Management Team
Who are the key players in your business?
Abrasives Supply Company Organizational Structure
What is the structure of your company - who is in charge of each division in your business?
Personnel Plan
This ought to be a listing of each person in your business, their payment and what if any share options they have for now and in the future. You can also add what type of contracts they have, short and long term and whether that is liable to change in the future or not.
Abrasives Supply Company Financial Plan
Will you bring all your own funding or will it be a mix of your cash, bank loans, or angel investors? Do you need help in writing your financial plan?
Abrasives Supply Company Break Even Analysis
How long will it take to get your investments back in terms of capital outlay by means of sales of your services and products. You should represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.
Abrasives Supply Company Profit and Loss
You can represent this usually in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly base. You can obtain a free profit and loss spreadsheet to assist you.
Abrasives Supply Company Cash Flow
You should have tables and charts to present your cash balance and your net cash flow. Download a free cash flowspreadheet.
Appendix
This should contain all your fundamental info which makes your business tick. This should be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and ought to only be given to probable investors.
Exit Strategy
How exactly are you going to sell your Abrasives Supply Company Business?
Abrasives Supply Company Business Plan Page 1 | Abrasives Supply Company Business Plan Page 2
Useful Abrasives Supply Company Resources
Abrasives Supply Company Marketing Plan | Abrasives Supply Company Equipment | Abrasives Supply Company Online
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